The U.S. Federal Trade Commission filed a long awaited antitrust lawsuit against Amazon.com on Tuesday, and asked the court to consider forcing the online retailer to sell assets to stop what it said was ongoing harm to consumers.
“The FTC and its state partners say Amazon’s actions allow it to stop rivals and sellers from lowering prices, degrade quality for shoppers, overcharge sellers, stifle innovation, and prevent rivals from fairly competing against Amazon,” the agency said in a statement.
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The FTC said that Amazon, founded in 1994 and worth more than $1 trillion, punished sellers that sought to offer prices that were lower than Amazon’s by making it difficult for consumers to find the seller on Amazon’s platform.
Other allegations include that Amazon gave preference to its own products on its platforms over competitors also on the platform.
And it certainly does. The first results are always sponsored then Amazon basic versions of available.
On that note does it piss anyone else off that even Prime subscribers can’t turn off sponsored search results? Fucking ridiculous! I’m sure there’s a script when browsing on PC but I’m usually browsing on my phone.
Some key missed points from the summary:
And it certainly does. The first results are always sponsored then Amazon basic versions of available.
On that note does it piss anyone else off that even Prime subscribers can’t turn off sponsored search results? Fucking ridiculous! I’m sure there’s a script when browsing on PC but I’m usually browsing on my phone.